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Category: Currency terms explained
Currency terms explained for those wanting the best currency exchange rates today for business and private clients. Wholesale currency exchange rates with no commission. Spot contracts and forward time option currency contracts to hedge against currency rate fluctuations for selling and buying the euro, gbp, pounds, usd, dollars, aud, cad, jpy
Money Services Business
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Global Currency Exchange Network are a registered Money Services Business. For a business to safely make currency transfers for clients, they need to be registered as a Money Services Business with the UK Revenue & Customs. HMRC explain that: “Businesses that exchange currency, transmit money or cash cheques for their…
Limit Order Contracts
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Limit Orders currency contracts allow a client to set the rate at that which they would like to exchange their currency. Global Currency Exchange Network will monitor the market for you and if the rate can be achieved, we will purchase the currency on your behalf. We would then notify…
Time-Option Forward Contracts
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Watch the Rate – Then book a time-option forward contract 1. Check the live inter-bank rates now 2. Enter the rate you would like to achieve 3. We will let you know when the rate is reached 4. THAT’S IT ! It’s that easy. NO commitment – No cost Easy…
Forward Currency Contract
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Watch the Rate – Then book a forward currency contract 1. Check the live inter-bank rates now 2. Enter the rate you would like to achieve 3. We will let you know when the rate is reached 4. THAT’S IT ! It’s that easy. NO commitment – No cost Easy…
Spot Contract
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Watch the Rate – Then book a Spot deal 1. Check the live inter-bank rates now 2. Enter the rate you would like to achieve 3. We will let you know when the rate is reached 4. THAT’S IT ! It’s that easy. NO commitment – No cost Easy to…
Open A Foreign Exchange Account – Free Registration
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Opening a Foreign Exchange Account with FX-Foreign Exchange and Global Currency Exchange Network can be done in just minutes. Registration is absolutely free and there is no obligation to use your account. Start trading straight away! You can access your account online 24 hours a day, 7 days a week…
Types of FX Contracts useful to Businesses
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Types of Contracts in Foreign Exchange There are many methods of performing currency exchange. Fx-foreignexchange provide currency conversion services for corporations and private clients. The types of currency contracts mentioned here apply to both business and private clients. The following are just some of the methods we use to mitigate…
Currency Codes list
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With so many country codes, worldwide, we thought our visitors would find it useful to be able to search currency codes by country. Fx-foreignexchange.com provides currency conversion for commercial amounts at commercial rates. Whether you are a business looking to make a regular payroll transfer, payments to your suppliers, or…
Currency Conversion, Use a Specialist
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Use a specialist business to make your currency exchange and save a great deal of money. Using a bank to transfer your money abroad can be a costly, as they tend to charge commission and a transfer charge, whereas most specialist currency exchange companies rarely make these charges. In addition,…
Use Your Card for the 1st Property Deposit Abroad
Posted by : DealerDesk | Comments: 0
How to beat the currency exchange system with credit card payments on property purchases. Pay your overseas property deposit with a credit, or debit, card and get a better rate of exchange than you would by using the card abroad. If you find yourself in the fortunate position of being…
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Global Currency Exchange Network is authorised and regulated by the Financial Services Authority under the Payment Services Regulations 2009. Our registration number is 504346. Global Currency Exchange Network is a Money Services Business, regulated by HM Revenue & Customs (“HMRC”) under the Money Laundering Regulations 2007. Our Money Services Business registration number is 12137189.
